Tiptree (TIPT)
Market Price (12/27/2025): $18.1 | Market Cap: $679.9 MilSector: Financials | Industry: Life & Health Insurance
Tiptree (TIPT)
Market Price (12/27/2025): $18.1Market Cap: $679.9 MilSector: FinancialsIndustry: Life & Health Insurance
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 3.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.9%, FCF Yield is 28% | Weak multi-year price returns2Y Excs Rtn is -43%, 3Y Excs Rtn is -49% | |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -15% | ||
| Low stock price volatilityVol 12M is 41% | ||
| Megatrend and thematic driversMegatrends include AI in Financial Services, and Fintech & Digital Payments. Themes include AI for Fraud Detection, and Specialty Insurance Platforms. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 3.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.9%, FCF Yield is 28% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -15% |
| Low stock price volatilityVol 12M is 41% |
| Megatrend and thematic driversMegatrends include AI in Financial Services, and Fintech & Digital Payments. Themes include AI for Fraud Detection, and Specialty Insurance Platforms. |
| Weak multi-year price returns2Y Excs Rtn is -43%, 3Y Excs Rtn is -49% |
Why The Stock Moved
Qualitative Assessment
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Here are the key points highlighting the approximate -22.5% movement in Tiptree (TIPT) stock from August 31, 2025, to December 27, 2025:
<b>1. Announcement of Fortegra Sale and Strategic Shift</b><br><br>
Tiptree announced in late September 2025 an agreement to sell Fortegra, its specialty insurance subsidiary, for $1.65 billion, with an estimated $1.12 billion in gross proceeds for Tiptree. This significant divestiture of the company's core asset introduced uncertainty regarding Tiptree's future business model and growth strategy, contributing to a notable decline in investor sentiment and the stock price around this period.
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<b>2. Decline in Third Quarter 2025 Net Income</b><br><br>
Tiptree reported a decrease in net income for the third quarter of 2025, falling to $6.4 million compared to $11.9 million in the third quarter of 2024. This reduction was primarily driven by deal-related expenses and an increase in the Fortegra Additional Warrant liability, which may have negatively impacted investor confidence despite an increase in quarterly revenues.
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<b>3. Divestment of Mortgage Business</b><br><br>
In October 2025, Tiptree also agreed to sell its mortgage business, Reliance First Capital, for $51 million. This additional divestment signaled a broader restructuring and further reduction of Tiptree's operating segments, potentially leading to questions about the company's long-term revenue streams and strategic focus after shedding key assets.
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<b>4. Shareholder Lawsuits Regarding Fortegra Merger</b><br><br>
In November 2025, Tiptree faced shareholder lawsuits alleging that the proxy statement for the Fortegra merger omitted or misstated material information. Although Tiptree stated these complaints lacked merit, the legal challenges and associated uncertainties could have contributed to negative market perception and pressure on the stock.
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<b>5. CEO Transition Amidst Strategic Changes</b><br><br>
Tiptree announced in December 2025 that CEO Jonathan Ilany would transition to a non-executive Vice Chairman role, with Michael Barnes taking over as CEO, effective January 1, 2026. This leadership change, occurring during a period of substantial asset divestment and strategic realignment, may have introduced investor apprehension about continuity and the execution of the company's future plans.
Show moreStock Movement Drivers
Fundamental Drivers
The -4.6% change in TIPT stock from 9/26/2025 to 12/26/2025 was primarily driven by a -11.1% change in the company's Net Income Margin (%).| 9262025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 18.99 | 18.11 | -4.64% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 2025.86 | 2056.16 | 1.50% |
| Net Income Margin (%) | 2.77% | 2.46% | -11.13% |
| P/E Multiple | 12.70 | 13.45 | 5.92% |
| Shares Outstanding (Mil) | 37.50 | 37.57 | -0.18% |
| Cumulative Contribution | -4.64% |
Market Drivers
9/26/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| TIPT | -4.6% | |
| Market (SPY) | 4.3% | 38.5% |
| Sector (XLF) | 3.3% | 42.1% |
Fundamental Drivers
The -26.3% change in TIPT stock from 6/27/2025 to 12/26/2025 was primarily driven by a -26.8% change in the company's P/E Multiple.| 6272025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 24.57 | 18.11 | -26.31% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 2046.28 | 2056.16 | 0.48% |
| Net Income Margin (%) | 2.44% | 2.46% | 0.74% |
| P/E Multiple | 18.37 | 13.45 | -26.78% |
| Shares Outstanding (Mil) | 37.35 | 37.57 | -0.58% |
| Cumulative Contribution | -26.31% |
Market Drivers
6/27/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| TIPT | -26.3% | |
| Market (SPY) | 12.6% | 26.9% |
| Sector (XLF) | 7.4% | 34.2% |
Fundamental Drivers
The -14.1% change in TIPT stock from 12/26/2024 to 12/26/2025 was primarily driven by a -29.4% change in the company's P/E Multiple.| 12262024 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 21.07 | 18.11 | -14.05% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1991.44 | 2056.16 | 3.25% |
| Net Income Margin (%) | 2.04% | 2.46% | 20.37% |
| P/E Multiple | 19.05 | 13.45 | -29.39% |
| Shares Outstanding (Mil) | 36.79 | 37.57 | -2.11% |
| Cumulative Contribution | -14.09% |
Market Drivers
12/26/2024 to 12/26/2025| Return | Correlation | |
|---|---|---|
| TIPT | -14.1% | |
| Market (SPY) | 15.8% | 30.4% |
| Sector (XLF) | 14.4% | 40.8% |
Fundamental Drivers
The 34.5% change in TIPT stock from 12/27/2022 to 12/26/2025 was primarily driven by a 52.6% change in the company's Total Revenues ($ Mil).| 12272022 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 13.46 | 18.11 | 34.50% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1347.64 | 2056.16 | 52.58% |
| P/S Multiple | 0.36 | 0.33 | -8.78% |
| Shares Outstanding (Mil) | 36.30 | 37.57 | -3.47% |
| Cumulative Contribution | 34.34% |
Market Drivers
12/27/2023 to 12/26/2025| Return | Correlation | |
|---|---|---|
| TIPT | -0.9% | |
| Market (SPY) | 48.0% | 32.0% |
| Sector (XLF) | 51.8% | 43.5% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| TIPT Return | -37% | 180% | 1% | 39% | 13% | -11% | 150% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| TIPT Win Rate | 33% | 67% | 50% | 50% | 42% | 42% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| TIPT Max Drawdown | -45% | -3% | -28% | -10% | -18% | -17% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See TIPT Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | TIPT | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -42.6% | -25.4% |
| % Gain to Breakeven | 74.1% | 34.1% |
| Time to Breakeven | 98 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -44.6% | -33.9% |
| % Gain to Breakeven | 80.5% | 51.3% |
| Time to Breakeven | 364 days | 148 days |
| 2018 Correction | ||
| % Loss | -32.6% | -19.8% |
| % Gain to Breakeven | 48.4% | 24.7% |
| Time to Breakeven | 263 days | 120 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
Tiptree's stock fell -42.6% during the 2022 Inflation Shock from a high on 4/23/2021. A -42.6% loss requires a 74.1% gain to breakeven.
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AI Analysis | Feedback
Here are 1-3 brief analogies for Tiptree (TIPT):
- A mini-Berkshire Hathaway, but specifically focused on financial services and specialty insurance.
- A diversified financial services company, similar to how Apollo Global Management operates its Athene insurance arm alongside other investment businesses.
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- Specialty Insurance: Providing a range of property, casualty, warranty, and surety insurance products through its Fortegra subsidiary.
- Asset Management: Managing a diversified investment portfolio across various asset classes, including real estate and credit.
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Tiptree (TIPT) operates primarily as a financial services holding company. Its main operating businesses, Fortress Investment Group (investment management) and its InsurTech segments, primarily serve institutional clients and other businesses (B2B).
Due to the highly diversified nature of its client base in investment management and insurance, and standard industry practices regarding client confidentiality, Tiptree does not publicly disclose specific "major customer companies" that account for a significant portion of its revenues. Therefore, it is not possible to list named major customer companies with their stock symbols.
However, Tiptree's subsidiaries serve a broad range of clients, primarily including various categories of:
- Institutional Investors: This includes entities such as public and corporate pension funds, sovereign wealth funds, university endowments, and charitable foundations that invest in Fortress's various funds.
- Insurance Intermediaries and Partners: Businesses like program administrators and wholesale brokers through whom its InsurTech segment writes specialized property and casualty insurance. These intermediaries connect Tiptree's insurance products to ultimate policyholders, which can be individuals or other businesses.
While Fortress also serves high-net-worth individuals, the primary customer base for Tiptree's core operations consists of the aforementioned institutional and business clients. No individual client typically represents a material portion of Tiptree's consolidated revenues.
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- Hannover Re (HNRGY)
- Everest Re Group, Ltd. (ER)
- Munich Re (MURGY)
- PartnerRe Ltd.
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Jonathan Ilany, Chief Executive Officer & Director
Jonathan Ilany was appointed CEO in February 2015, having served as Co-Chief Executive Officer and Executive Vice President, Head of Mortgage Finance and Asset Management since October 2014. Prior to Tiptree, he was a partner at Mariner Investment Group from 2000 to 2005 and continued as a passive partner since 2005. He also previously held roles at Bear Stearns and Merrill Lynch. He served as the Chief Executive Officer of Angiosonics, Inc.
Scott McKinney, Chief Financial Officer
Scott McKinney assumed the role of Chief Financial Officer in March 2023. Before this, he served as Deputy Chief Financial Officer from April 2022 and as Director of Financial Planning and Analysis, where he oversaw strategic planning, financial analysis, and investor relations. Mr. McKinney joined Tiptree in February 2016 from General Electric Company, where he held various finance executive positions.
Michael G. Barnes, Executive Chairman of the Board
Michael G. Barnes has served as the Chairman of Tiptree since its inception in 2007. He is a founding partner of Tricadia Holdings, LP, a privately held company that provides investment management services. Before co-founding Tricadia in 2003, Mr. Barnes was responsible for overseeing various credit trading strategies at UBS, PaineWebber, and Bear Stearns.
Randy Maultsby, President and Head of Corporate Strategy & Development
Randy Maultsby became President in July 2021 and is also a member of the Board of Directors. He previously served as a Managing Director of Tiptree since 2010. In his role as President, Mr. Maultsby focuses on corporate strategy and development, including the company's acquisition, disposition, and capital markets activities. Before joining Tiptree, he was a Senior Vice President in the investment banking division of Fox-Pitt, Kelton, providing strategic advice to clients in banking, finance, asset management, and brokerage. His career also includes positions at JP Morgan, Conning & Company, and Citigroup.
Neil Rifkind, Vice President, General Counsel & Secretary
Neil Rifkind has held the position of Vice President, General Counsel and Secretary since July 2013. Prior to joining Tiptree, he was Special Counsel at Schulte Roth & Zabel LLP from 2011 to 2013, focusing on mergers and acquisitions and securities law. He also worked as an associate at Schulte Roth & Zabel LLP from 2006 to 2010 and at Fried, Frank, Harris, Shriver & Jacobson LLP from 1998 to 2006.
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- The accelerating shift towards home-based care and advanced telehealth technologies, which could significantly diminish the long-term demand for traditional senior living and skilled nursing facilities, impacting Tiptree's healthcare real estate investments through Invesque.
- The rapid global push for decarbonization and the mandated transition to alternative fuels and propulsion technologies within the shipping industry, which could render Tiptree's existing fossil-fuel-dependent shipping assets technologically obsolete or subject to prohibitive operating costs due to new environmental regulations.
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Tiptree Inc. (TIPT) operates primarily in three main segments: Specialty Insurance, Mortgage Origination and Servicing, and Asset Management. The addressable markets for these services are as follows:
Specialty Insurance
- The global specialty insurance market was valued at approximately $104.7 billion in 2021 and is projected to reach $279 billion by 2031, growing at a Compound Annual Growth Rate (CAGR) of 10.6% during this period.
- Another estimate places the global specialty insurance market size at USD 101.15 billion in 2024, with a projection to increase to USD 266.15 billion by 2032, exhibiting a CAGR of 13.1%.
- North America held a dominant share of the specialty insurance market, valued at USD 34.63 billion in 2023 and USD 38.86 billion in 2024.
- The U.S. market specifically is estimated to reach USD 29.15 billion in 2025.
Mortgage Origination and Servicing
- The U.S. home loan market reached approximately USD 2.29 trillion in 2025 and is forecasted to grow to USD 3.02 trillion by 2030, with a CAGR of 5.63%.
- U.S. mortgage originations totaled $1.69 trillion in 2024.
- Americans originated $884 billion in new mortgage debt in the first half of 2025.
- The U.S. mortgage lending market is projected to maintain a CAGR exceeding 5% from 2025 to 2033.
Asset Management
- The global asset management industry, in terms of assets under management (AuM), grew to a record-breaking $128 trillion in 2024.
- The global asset management market, which includes asset management solutions and services, was valued at USD 458.02 billion in 2023 and is expected to reach USD 571.77 billion in 2024. This market is projected to grow at a CAGR of 36.4% from 2024 to 2030, reaching USD 3,677.39 billion by 2030.
- North America dominated the asset management market with a revenue share of 33.59% in 2024. The U.S. asset management market size was exhibited at USD 189.07 billion in 2024 and is projected to be worth around USD 3,697.19 billion by 2034.
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Tiptree (TIPT) is expected to drive future revenue growth over the next 2-3 years through several key areas, primarily centered around its specialty insurance operations and strategic capital allocation post-divestitures.
- Continued Expansion in Specialty Insurance Lines: Tiptree's subsidiary, Fortegra, has been a significant driver of revenue growth, fueled by the expansion of its specialty insurance lines, particularly in the excess and surplus (E&S) market. This includes consistent growth in overall premiums and increased retention across both E&S and admitted property & casualty (P&C) lines. Fortegra's strong underwriting performance and ability to scale profitably within the specialty insurance space are highlighted as key strengths.
- European Market Expansion: Fortegra has actively expanded its presence in Europe, as evidenced by acquisitions such as ITC Compliance in April 2022 and Premia in February 2023. These strategic moves are aimed at further broadening its European footprint.
- Enhanced Investment Portfolio Performance: Increased net investment income and investment gains have contributed to Tiptree's overall revenue. The company has taken a more aggressive stance with its investment portfolio, including a higher allocation to BBB exposure and lower cash and cash equivalents, which is expected to benefit from potential rate cuts and generate strong book yields. Growing investable assets and maturing positions are also contributing to a steady improvement in book yield.
- Strategic Deployment of Capital from Divestitures: Tiptree has agreed to sell Fortegra for $1.65 billion and its mortgage business, Reliance First Capital, for $51 million, with both transactions anticipated to close in 2026. The proceeds from these sales will be strategically deployed to create long-term value, focusing on strategic investments, opportunistic share buybacks, and thoughtful consideration of dividends. This capital allocation strategy aims to support future growth by investing in select small and middle-market companies across diverse industries, particularly within the insurance and credit-related financial sectors.
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Share Repurchases
- Tiptree's Board of Directors authorized a share repurchase program of up to $20 million.
- As of December 31, 2024, approximately $11.945 million remained authorized for future share repurchases.
- No shares were repurchased during the year ended December 31, 2024.
Share Issuance
- In 2022, warrants were exercised for 1,999,989 shares of Tiptree common stock, resulting in $13.724 million in cash proceeds for 1,979,325 of those shares.
- The company's shares outstanding have shown a general increase from 33.21 million in 2020 to 37.49 million as of November 2025.
Inbound Investments
- In October 2021, private-equity firm Warburg Pincus made a $200 million strategic investment in Tiptree's Fortegra insurance business, acquiring approximately 24% ownership.
- This investment by Warburg Pincus also included 7-year warrants that, if exercised, could lead to Warburg owning an additional 3.8% of Fortegra.
- In 2024, Tiptree, Warburg, and Fortegra directors collectively contributed an aggregate capital of $40 million to Fortegra's total stockholders' equity.
Outbound Investments
- In September 2025, Tiptree agreed to sell its Fortegra insurance business for $1.65 billion, with an estimated $1.12 billion in gross proceeds to Tiptree, with the transaction anticipated to close in mid-2026.
- In October 2025, the company agreed to sell its mortgage business, Reliance First Capital, for an estimated $51 million, with closing expected in the first quarter of 2026.
- In 2022, Tiptree monetized its investments in the marine shipping sector through the sale of vessels for a total of $117 million, generating a net gain of approximately $35 million.
Capital Expenditures
- Tiptree has projected capital expenditures of $12 million for 2025, $12 million for 2026, and $12 million for 2027.
Latest Trefis Analyses
| Title | Topic | |
|---|---|---|
| DASHBOARDS | ||
| Tiptree vs. S&P500 Correlation | Correlation | |
| Tiptree Price Volatility | Volatility | |
| Tiptree Financial (TIPT) Stock Has 54% Chance Of Rise In The Next One Month | ||
| Dates Cached For TIPT | ||
| Tiptree Financial (TIPT) Stock Has 61% Chance Of Rise In The Next One Month | ||
| Tiptree vs. Small Cap Stocks: Which Is A Better Investment? | Investment Theme Comparisons | |
| Tiptree vs. Inflation Stocks: Which Is A Better Investment? | Investment Theme Comparisons | |
| Tiptree vs. Fintech Stocks: Which Is A Better Investment? | Investment Theme Comparisons | |
| Tiptree Trading Strategy: Does Buying The Stock When EPS Growth Accelerates Make Sense? | Technicals | |
| How Quickly Has Tiptree Shown Bullish Reversal Historically? | Technicals |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to TIPT. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | WU | Western Union | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 14.5% | 14.5% | -0.4% |
| 11212025 | COIN | Coinbase Global | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -1.5% | -1.5% | -1.5% |
| 11142025 | PYPL | PayPal | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -4.5% | -4.5% | -7.5% |
| 11142025 | V | Visa | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 7.6% | 7.6% | -2.7% |
| 11072025 | WD | Walker & Dunlop | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -11.1% | -11.1% | -12.1% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Tiptree
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 51.32 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 11,544 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.2% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 8.3% |
| QoQ Delta Rev Chg LTM | 2.0% |
| Op Mgn LTM | 17.7% |
| Op Mgn 3Y Avg | 16.4% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 15.0% |
| CFO/Rev 3Y Avg | 17.1% |
| FCF/Rev LTM | 13.6% |
| FCF/Rev 3Y Avg | 13.5% |
Price Behavior
| Market Price | $18.11 | |
| Market Cap ($ Bil) | 0.7 | |
| First Trading Date | 09/03/2010 | |
| Distance from 52W High | -28.7% | |
| 50 Days | 200 Days | |
| DMA Price | $18.20 | $21.02 |
| DMA Trend | down | down |
| Distance from DMA | -0.5% | -13.9% |
| 3M | 1YR | |
| Volatility | 26.9% | 41.0% |
| Downside Capture | 55.30 | 83.10 |
| Upside Capture | 21.15 | 55.93 |
| Correlation (SPY) | 32.1% | 30.4% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.80 | 0.87 | 1.04 | 1.15 | 0.67 | 0.71 |
| Up Beta | 1.14 | 1.53 | 1.36 | 1.30 | 0.59 | 0.73 |
| Down Beta | 0.13 | 1.52 | 0.89 | 0.76 | 0.64 | 0.64 |
| Up Capture | 136% | 30% | 24% | 74% | 51% | 42% |
| Bmk +ve Days | 13 | 26 | 39 | 74 | 142 | 427 |
| Stock +ve Days | 13 | 23 | 33 | 66 | 125 | 383 |
| Down Capture | 49% | 53% | 165% | 166% | 95% | 91% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 7 | 19 | 29 | 59 | 118 | 354 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of TIPT With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| TIPT | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -10.0% | 16.3% | 17.8% | 72.1% | 8.6% | 4.4% | -8.3% |
| Annualized Volatility | 41.1% | 19.0% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | -0.15 | 0.67 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 41.1% | 30.7% | 3.3% | 10.9% | 33.7% | 10.3% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of TIPT With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| TIPT | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 30.0% | 16.1% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 45.5% | 18.9% | 17.1% | 15.5% | 18.7% | 18.9% | 48.7% |
| Sharpe Ratio | 0.72 | 0.71 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 35.2% | 31.2% | 6.3% | 5.6% | 30.2% | 12.1% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of TIPT With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| TIPT | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 12.8% | 13.2% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 45.1% | 22.3% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.43 | 0.55 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 42.5% | 39.2% | 2.4% | 13.4% | 36.2% | 13.1% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/31/2025 | 0.7% | 4.0% | 6.2% |
| 7/30/2025 | -0.9% | 0.1% | 12.6% |
| 2/26/2025 | 5.0% | 5.5% | 8.9% |
| 10/30/2024 | 3.5% | 11.6% | 15.9% |
| 7/31/2024 | -7.6% | -11.1% | 0.4% |
| 5/1/2024 | 2.2% | 2.5% | 8.8% |
| 1/29/2024 | 2.1% | 0.2% | -7.3% |
| 11/1/2023 | 12.3% | 12.1% | 24.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 16 | 16 | 14 |
| # Negative | 4 | 4 | 6 |
| Median Positive | 3.2% | 6.7% | 8.8% |
| Median Negative | -4.3% | -7.8% | -5.6% |
| Max Positive | 12.3% | 51.1% | 81.4% |
| Max Negative | -15.8% | -20.2% | -23.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 10312025 | 10-Q 9/30/2025 |
| 6302025 | 7302025 | 10-Q 6/30/2025 |
| 3312025 | 4302025 | 10-Q 3/31/2025 |
| 12312024 | 3032025 | 10-K 12/31/2024 |
| 9302024 | 10302024 | 10-Q 9/30/2024 |
| 6302024 | 7312024 | 10-Q 6/30/2024 |
| 3312024 | 5012024 | 10-Q 3/31/2024 |
| 12312023 | 2292024 | 10-K 12/31/2023 |
| 9302023 | 11012023 | 10-Q 9/30/2023 |
| 6302023 | 8022023 | 10-Q 6/30/2023 |
| 3312023 | 5032023 | 10-Q 3/31/2023 |
| 12312022 | 3082023 | 10-K 12/31/2022 |
| 9302022 | 11022022 | 10-Q 9/30/2022 |
| 6302022 | 8082022 | 10-Q 6/30/2022 |
| 3312022 | 5052022 | 10-Q 3/31/2022 |
| 12312021 | 3142022 | 10-K 12/31/2021 |
Industry Resources
| Financials Resources |
| Federal Reserve Economic Data |
| Federal Reserve |
| FDIC Data |
| American Banker |
| The Banker |
| Banking Technology |
| Life & Health Insurance Resources |
| Insurance Business America |
| A.M. Best |
| National Underwriter |
| Insurance News |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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